4002, Canal Heights 2
Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4002, Canal Heights 2
What is 4002 worth today?
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Source: Dubai Land Department. Updated 9 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 40th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.51M · October 2023
- Building
- Canal Heights 2
About 4002, Canal Heights 2
4002 is a studio of 522 sqft on the 40th floor of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . The developer sold it on 9 October 2023 for AED 1,505,000, or AED 2,881 per sqft, in line with the AED 2,887 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 4002 over time
4002 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 4002 sits
All 256 studios →4002 last sold in October 2023 at AED 2,881 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,887). Over the last 12 months studios sold for AED 1,247,400 to 1,402,000, around AED 2,851 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 492 sqft | 1,402,000 | 2,851 | ||
| 11 Sep 202611 September 2026 | 477 sqft | 1,247,400 | 2,616 | ||
| 20 Aug 202620 August 2026 | 456 sqft | 1,304,000 | 2,859 | ||
| 26 Jun 202626 June 2026 | 458 sqft | 1,313,000 | 2,864 |
Canal Heights 2
Building457 apartments, studios to 4-bed over 43 floors in Business Bay, completed in 2027 by Resta Real Estate Development . 27 sold in the last 12 months.
- Typical price per sqft
- AED 2,850 Up 1.4%
- Typical sale
- AED 3.48M
- Typical rent
- Few contracts
- Typical yield
Other units on the 40th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1-bed | 913 sqft | AED 2.49MAED 2,493,000 · Aug 2023August 2023 | ||
| 4003 | Studio | 481 sqft | AED 1.37MAED 1,374,000 · Sep 2023September 2023 | ||
| 4004 | Studio | 443 sqft | AED 1.28MAED 1,276,000 · Oct 2023October 2023 | ||
| 4005 | Studio | 451 sqft | AED 1.29MAED 1,289,000 · Aug 2023August 2023 | ||
| 4006 | Studio | 458 sqft | AED 1.31MAED 1,308,000 · Sep 2023September 2023 | ||
| 4008 | Studio | 456 sqft | AED 1.3MAED 1,304,000 · Aug 2023August 2023 | ||
| 4009 | 2-bed | 1,346 sqft | AED 3.61MAED 3,608,000 · Mar 2024March 2024 |
4002, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 9 October 2023 for AED 1,505,000, or AED 2,881 per sqft.
- Studios in Canal Heights 2 sold for AED 1,247,400–1,402,000 in the 12 months to November 2026; the building's median across all types is AED 2,850 per sqft.
Source: Dubai Land Department. Updated 9 October 2023.
Questions about 4002, Canal Heights 2
What did unit 4002 last sell for?
AED 1,505,000 on 9 October 2023, sold by the developer: AED 2,881 per sqft for 522 sqft. It is the only registered sale of the unit.
How big is unit 4002?
522 sqft (48.5 sqm): a studio on the 40th floor of a 43-storey tower completed in 2027.
What is unit 4002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Heights 2 sold for AED 1,247,400 to 1,402,000 in the last 12 months, around AED 2,851 per sqft.
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Mortgage on 4002, Canal Heights 2
Starts from the last sale price (AED 1.51M, 9 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,505,000
- Deposit, UAE resident (20%)
- AED 301,000
- Deposit, non-resident (40%)
- AED 602,000
- Monthly over 25 years at 3.7%
- AED 6,157
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →